Stories Tagged 'Import'
Lentil imports through Sirsiya Dry Port in Birgunj have oddly doubled since last year, raising suspicions that the agro product is being re-exported to India through clandestine channels.
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Vegetable import has continued unabated in the far-western Nepali district of Kailali despite higher production of the green produce. The district imports around 30,000 tonnes of vegetables worth around Rs500 million per year from India. A big chunk of these vegetables enter the country through Gauriphanta customs point.
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Imports of agricultural products jumped 16.96 percent to Rs105.22 billion in the first half of the current fiscal year 2017-18, widening the country’s trade deficit and raising concerns that dependence on foreign farm goods was spinning out of control.
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With the Birgunj Customs Point remaining completely shut for over four months, trade activity has risen sharply at nearby Sirsiya Dry Port.
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Prices of edible oil have increased by up to Rs10 per litre over a month as imports have become costlier due to strong US dollar and rising prices of crude oil in the international markets.
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Nepal’s imports of food grains, particularly rice, jumped by a whopping 33 percent to Rs 22.48 billion in the first 8 months of the current fiscal year, due to disappointing summer harvest.
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Tags: import